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An Assured shorthold tenancy agreement (AST) allows a landlord to let out a property to a tenant while retaining the right to repossess the property at the end of the term of the tenancy. However, the landlord will need to give the tenant at least two months notice of any reoccupation.
What is the difference between AST and ALT liver enzymes?
ALT and AST are abundant liver enzymes. ALT is in the highest concentration in the liver, AST is also present in heart, muscle, kidney, brain, pancreas, lung. ALP is present in nearly all tissues, primarily bone and liver.
What does non AST mean?
Non-assured shorthold tenancies tend to be used when assured shorthold tenancies cant be. This could be due to factors including, the tenant having a main home somewhere else, the rent being less than 250 per year, or if a landlord lives in the same property as their tenants but doesnt share any facilities.
What is the difference between an assured tenancy and an AST?
The main difference between the two tenancies is that an AST gives the landlord an automatic right to regain possession after the initial fixed term period, as long as they provide reasonable notice. Whereas, with an AT the landlord does not have this right which provides the tenant with greater security.
What is an AST mortgage?
What is an Assured Shorthold Tenancy (AST)? The vast majority of tenancies are considered an Assured Shorthold Tenancy (AST). Put simply, it is an agreement between a tenant and a landlord for living in a rented property. This guide looks at what ASTs are, how they protect you and what rules their clauses put in place.
What is the maximum rent for an assured shorthold tenancy?
A tenancy cannot be an AST if: it began or was agreed before 15 January 1989. the rent is more than 100,000 a year. the rent is less than 250 a year (less than 1,000 in London) its a business tenancy or tenancy of licensed premises. the property is a holiday let. your landlord is a local council.
What happens at the end of a shorthold tenancy?
When the fixed term ends and the tenant remains in the property the tenancy automatically becomes a statutory periodic tenancy. To end a statutory periodic tenancy, the tenant must give notice equal to how often rent is due.
Related links
(PDF) Dictionary of Law
shorthold tenancies unless otherwise specified in the contract. assured tenancy /ə ʃəd tenənsi/ noun in England and Wales, a lease oyez /ə jez/ French
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